IMMO NEYENS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IMMO NEYENS
Largest movements
- Cash -€146,740
down €146,740 (-46.0%), from €319,063 to €172,323
mainly Contributions, distributions and other (-€242,899) and Receivables within one year (-€143,330)
- Receivables within one year +€143,330
up €143,330 (+65.3%), from €219,613 to €362,943
of which Other amounts receivable: +€200,000
- Tangible fixed assets -€59,164
down €59,164 (-2.4%), from €2.4m to €2.4m
of which Land and buildings: -€54,362
- Debts after one year -€57,492
down €57,492 (-11.4%), from €502,744 to €445,252
- Provisions -€53,423
down €53,423 (-29.6%), from €180,300 to €126,876
- Tax, wage and social debts +€50,930
new in 2025: €50,930
- Gross operating margin +€274,507
up €274,507 (+249.5%), from €110,014 to €384,522
- Taxes +€50,930
new in 2025: €50,930
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,964,985 | €2,902,411 | -€62,574 | -2.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €2,426,097 | €2,366,933 | -€59,164 | -2.4% |
| Tangible fixed assets | 22/27 | €2,426,097 | €2,366,933 | -€59,164 | -2.4% |
| Land and buildings | 22 | €2,410,424 | €2,356,062 | -€54,362 | -2.3% |
| Plant, machinery and equipment | 23 | €4,996 | €3,093 | -€1,903 | -38.1% |
| Furniture and vehicles | 24 | €10,676 | €7,778 | -€2,898 | -27.1% |
| Current assets | 29/58 | €538,888 | €535,478 | -€3,410 | -0.6% |
| Amounts receivable within one year | 40/41 | €219,613 | €362,943 | +€143,330 | +65.3% |
| Trade receivables | 40 | €94,558 | €37,888 | -€56,670 | -59.9% |
| Other amounts receivable | 41 | €125,055 | €325,055 | +€200,000 | +159.9% |
| Current investments | 50/53 | €213 | €213 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €319,063 | €172,323 | -€146,740 | -46.0% |
| Total equity and liabilities | 10/49 | €2,964,985 | €2,902,411 | -€62,574 | -2.1% |
| Equity | 10/15 | €1,550,012 | €1,517,155 | -€32,857 | -2.1% |
| Contributions | 10/11 | €840,359 | €840,359 | = | 0.0% |
| Capital | 10 | €840,359 | €840,359 | = | 0.0% |
| Issued capital | 100 | €840,359 | €840,359 | = | 0.0% |
| Reserves | 13 | €717,911 | €688,645 | -€29,266 | -4.1% |
| Non-distributable reserves | 130/1 | €36,900 | €36,900 | = | 0.0% |
| Legal reserve | 130 | €36,900 | €36,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €522,735 | €258,635 | -€264,100 | -50.5% |
| Distributable reserves | 133 | €158,276 | €393,110 | +€234,834 | +148.4% |
| Profit (loss) carried forward | 14 | -€8,258 | -€11,849 | -€3,591 | -43.5% |
| Provisions and deferred taxes | 16 | €180,300 | €126,876 | -€53,423 | -29.6% |
| Deferred taxes | 168 | €180,300 | €126,876 | -€53,423 | -29.6% |
| Amounts payable | 17/49 | €1,234,673 | €1,258,380 | +€23,707 | +1.9% |
| Amounts payable after more than one year | 17 | €502,744 | €445,252 | -€57,492 | -11.4% |
| Financial debts | 170/4 | €502,744 | €445,252 | -€57,492 | -11.4% |
| Amounts payable within one year | 42/48 | €731,929 | €813,128 | +€81,199 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €57,492 | €57,492 | = | 0.0% |
| Trade debts | 44 | - | €5,929 | +€5,929 | |
| Suppliers | 440/4 | - | €5,929 | +€5,929 | |
| Taxes, remuneration and social security | 45 | - | €50,930 | +€50,930 | |
| Taxes | 450/3 | - | €50,930 | +€50,930 | |
| Other amounts payable | 47/48 | €674,437 | €698,777 | +€24,339 | +3.6% |
| Non-recurring operating income | 76A | - | €285,764 | +€285,764 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,283 | €97,640 | -€2,643 | -2.6% |
| Other operating charges | 640/8 | €30,266 | €26,590 | -€3,677 | -12.1% |
| Gross operating margin | 9900 | €110,014 | €384,522 | +€274,507 | +249.5% |
| Operating profit (loss) | 9901 | -€20,535 | €260,292 | +€280,827 | |
| Financial charges | 65/66B | €10,902 | €9,879 | -€1,023 | -9.4% |
| Recurring financial charges | 65 | €10,902 | €9,879 | -€1,023 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | -€31,436 | €250,413 | +€281,850 | |
| Transfer from deferred taxes | 780 | €10,559 | €10,559 | = | 0.0% |
| Income taxes | 67/77 | - | €50,930 | +€50,930 | |
| Profit (loss) for the period | 9904 | -€20,878 | €210,042 | +€230,920 | |
| Transfer from tax-exempt reserves | 789 | €21,201 | €21,201 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €323 | €231,243 | +€230,920 | +71483.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.